3. A project has a first cost 180,000 an estimated salvage value of $20,000 after 6...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
3. A project has a first cost 180,000 an estimated salvage value of $20,000 after 6 years, and other economic attributes as detailed in the table below. As the end of year 4 neared, the project had to be abandoned, and the asset's market value at that time was different from the original estimated salvage value. There was a loan to help finance the project. It was being paid back in equal annual installments. The remaining principal had to be paid at the end of year 4 when the project was stopped. Fill in all of the blanks in shade. (8 points) Unpaid Principal 0 -180,000 70,000.0 70,000.0 ΕΟΥ BT&LCF PPMT - 2 4 3 40,000 9,785.7 60,214.3 4,900 40,000 40,000 49,743.6 11,203.7 38,539.9 70,000 38,539.9 IPMT 0 DWO 36,000 144,000 -900.0 57,600 Book Taxable Value Income 180,000 2,697.8 10,368 51840 41,472 Taxes -21,815 -7853.4 ATCF -110,000 25,638.3 1,957.9 704.5 24,609.3 5,566.4 23,195.9 3. A project has a first cost 180,000 an estimated salvage value of $20,000 after 6 years, and other economic attributes as detailed in the table below. As the end of year 4 neared, the project had to be abandoned, and the asset's market value at that time was different from the original estimated salvage value. There was a loan to help finance the project. It was being paid back in equal annual installments. The remaining principal had to be paid at the end of year 4 when the project was stopped. Fill in all of the blanks in shade. (8 points) Unpaid Principal 0 -180,000 70,000.0 70,000.0 ΕΟΥ BT&LCF PPMT - 2 4 3 40,000 9,785.7 60,214.3 4,900 40,000 40,000 49,743.6 11,203.7 38,539.9 70,000 38,539.9 IPMT 0 DWO 36,000 144,000 -900.0 57,600 Book Taxable Value Income 180,000 2,697.8 10,368 51840 41,472 Taxes -21,815 -7853.4 ATCF -110,000 25,638.3 1,957.9 704.5 24,609.3 5,566.4 23,195.9
Expert Answer:
Answer rating: 100% (QA)
Answer for PPMT of second year PPMT is nothing but the principal repayment made to find the principa... View the full answer
Related Book For
Essential University Physics
ISBN: 978-0321976420
3rd Edition Volume 2
Authors: Richard Wolfsonby, Richard Wolfson
Posted Date:
Students also viewed these accounting questions
-
A transparent slab of thickness d and refractive index n moves at a speed v along the x axis relative to a stationary reference frame, with the flat face of the slab perpendicular to the x axis While...
-
How long does it take for a $4,800 investment at 8% compounded monthly to be worth more than a $5,000 investment at 5% compounded monthly? Solve Problem using graphical approximation techniques on a...
-
How long does it take for $8500 invested at 11% annual simple interest to be worth $13,000?
-
Children out of School in America is a report on delinquency of school-age children prepared by the Childrens Defense Fund (CDF), a government-sponsored organization. Consider the following three...
-
(2, 3) Plot the given points in a coordinate system.
-
Hammer Company proposes to invest $6 million in a new type of hammer-making equipment. The fixed costs are $1.0 million per year. The equipment will last for five years. The manufacturing cost per...
-
Six tests are performed, and the smallest P-value is 0.03. Which is the best conclusion? i. Reject H0 because P < 0.05. ii. Do not reject H0 because the Bonferroni adjustment yields P = 6(0.03) =...
-
The accounting firm of T, W & S was engaged to perform an audit of Progate Manufacturing Company. During the course of the audit, T, W & S discovered that the company had overvalued its inventory by...
-
Describe a decision that you have had to make recently that was difficult. What were the major issues? What were your alternatives? Did you have to deal with uncertainty? Were there important...
-
On Monday, a certain stock closed at $10 per share. On Tuesday, you expect the stock to close at $9, $10, or $11 per share, with respective probabilities 0.3, 0.3, and 0.4. On Wednesday, you expect...
-
from the top of a coconut tree that is 20 m tall, a dog is spotted at an angle of depression of 15 degrees. how far away is the dog from the base of the tree?
-
Multiply and simplify completely. (3t 5) (9t + 15t +25)
-
Multiply and simplify (7t-2) (6t+7)+3t - 6
-
Factor the GCF out of the polynomial below: 9x6+15x+6x
-
Solve for x: 5x + 12 < 13
-
Pedro, a sales clerk, was given a fringe benefits with monetary value of 25,000. compute the fringe benefit tax.
-
Complete these activities. Number Date Transaction Description Payment, Fee, Withdrawal (-) Deposit, Credit (+) Balance $ 6/6 Deposit $50.00 $50.00 Above is an example of the top of a checkbook...
-
Uniform electric field in Figure a uniform electric field is directed out of the page within a circular region of radius R = 3.00 cm. The magnitude of the electric field is given by E = (4.50 x 10-3...
-
The atomic masses of uranium-238 and thorium-234 are 238.050784 u and 234.043593 u, respectively. Find the energy released in the alpha decay of U-238.
-
A long, hollow conducting pipe of radius R carries a uniform current I along the pipe, as shown in Fig. 26.46. Use Amperes law to find the magnetic field strength (a) inside and (b) outside the pipe....
-
A resistor draws 1.00 A from an ideal 12.0-V battery. (a) If an ammeter with 0.10 resistance is inserted in the circuit, what will it read? (b) If this current is used to calculate the resistance, by...
-
Can the number of instructions executed serve as a timer mechanism in a real-time operating system? How?
-
For the inertial measurement system, which testing approaches would you use? When and why?
-
Research the use of McCabes metric in real-time systems by searching theliterature.
Study smarter with the SolutionInn App